Seagate Technology (STX) Financials

$93.58 +0.51 (+0.55%)

Closing price 05/5/2025 04:00 PM Eastern

Extended Trading

$92.75 -0.83 (-0.89%)

As of 04:19 AM Eastern

Annual Income Statements for Seagate Technology

This table shows Seagate Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/3/2015	7/1/2016	6/30/2017	6/29/2018	6/28/2019	7/3/2020	7/2/2021	7/1/2022	6/30/2023	6/28/2024
Net Income / (Loss) Attributable to Common Shareholders	1,742	248	772	1,182	2,012	1,004	1,314	1,649	-529	335
Consolidated Net Income / (Loss)	1,742	248	772	1,182	2,012	1,004	1,314	1,649	-529	335
Net Income / (Loss) Continuing Operations	1,742	248	772	1,182	2,012	1,004	1,314	1,649	-529	335
Total Pre-Tax Income	1,970	274	815	1,418	1,372	1,032	1,348	1,679	-496	445
Total Operating Income	2,058	445	1,054	1,634	1,487	1,300	1,492	1,955	-342	452
Total Gross Profit	3,809	2,615	3,174	3,364	2,932	2,842	2,917	3,469	1,351	1,536
Total Revenue	13,739	11,160	10,771	11,184	10,390	10,509	10,681	11,661	7,384	6,551
Operating Revenue	13,739	11,160	10,771	11,184	10,390	10,509	10,681	11,661	7,384	6,551
Total Cost of Revenue	9,930	8,545	7,597	7,820	7,458	7,667	7,764	8,192	6,033	5,015
Operating Cost of Revenue	9,930	8,545	7,597	7,820	7,458	7,667	7,764	8,192	6,033	5,015
Total Operating Expenses	1,751	2,170	2,120	1,730	1,445	1,542	1,425	1,514	1,693	1,084
Selling, General & Admin Expense	857	635	606	562	453	473	502	559	491	460
Research & Development Expense	1,353	1,237	1,232	1,026	991	973	903	941	797	654
Amortization Expense	129	123	104	53	23	14	12	11	3.00	0.00
Restructuring Charge	32	175	178	89	-22	82	8.00	3.00	102	-30
Other Special Charges / (Income)	-	-	-	-	-	-	0.00	0.00	300	0.00
Total Other Income / (Expense), net	-88	-171	-239	-216	-115	-268	-144	-276	-154	-7.00
Interest Expense	207	193	222	236	224	201	220	249	123	361
Interest & Investment Income	6.00	3.00	12	38	84	20	2.00	2.00	10	15
Other Income / (Expense), net	113	19	-29	-18	25	-87	74	-29	-41	339
Income Tax Expense	228	26	43	236	-640	28	34	30	33	110
Basic Earnings per Share	$5.38	$0.83	$2.61	$4.10	$7.13	$3.83	$5.43	$7.50	($2.56)	$1.60
Weighted Average Basic Shares Outstanding	324M	299M	296M	288M	282M	262M	242M	220M	207M	209M
Diluted Earnings per Share	$5.26	$0.82	$2.58	$4.05	$7.06	$3.79	$5.36	$7.36	($2.56)	$1.58
Weighted Average Diluted Shares Outstanding	331M	302M	299M	292M	285M	265M	245M	224M	207M	212M
Weighted Average Basic & Diluted Shares Outstanding	323.80M	298.80M	295.80M	288.30M	282.20M	514.92M	455.21M	417.51M	207.39M	420.39M

This table shows Seagate Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/1/2022	9/30/2022	12/30/2022	3/31/2023	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024
Net Income / (Loss) Attributable to Common Shareholders	276	29	-33	-433	-92	-184	-19	25	513	305	336
Consolidated Net Income / (Loss)	276	29	-33	-433	-92	-184	-19	25	513	305	336
Net Income / (Loss) Continuing Operations	276	29	-33	-433	-92	-184	-19	25	513	305	336
Total Pre-Tax Income	281	27	-38	-400	-85	-147	-4.00	58	538	316	350
Total Operating Income	360	107	-160	-315	26	-129	124	143	314	403	488
Total Gross Profit	759	482	246	319	304	149	362	425	600	714	812
Total Revenue	2,628	2,035	1,887	1,860	1,602	1,454	1,555	1,655	1,887	2,168	2,325
Operating Revenue	2,628	2,035	1,887	1,860	1,602	1,454	1,555	1,655	1,887	2,168	2,325
Total Cost of Revenue	1,869	1,553	1,641	1,541	1,298	1,305	1,193	1,230	1,287	1,454	1,513
Operating Cost of Revenue	1,869	1,553	1,641	1,541	1,298	1,305	1,193	1,230	1,287	1,454	1,513
Total Operating Expenses	399	375	406	634	278	278	238	282	286	311	324
Selling, General & Admin Expense	149	129	125	123	114	105	108	116	131	129	139
Research & Development Expense	247	234	200	191	172	171	161	164	158	181	184
Restructuring Charge	1.00	9.00	81	20	-8.00	2.00	-31	2.00	-3.00	1.00	1.00
Total Other Income / (Expense), net	-79	-80	122	-85	-111	-18	-128	-85	224	-87	-138
Interest Expense	65	71	-127	78	101	113	84	82	82	85	84
Interest & Investment Income	1.00	1.00	1.00	2.00	6.00	2.00	3.00	3.00	7.00	7.00	8.00
Other Income / (Expense), net	-15	-10	-6.00	-9.00	-16	93	-47	-6.00	299	-9.00	-62
Income Tax Expense	5.00	-2.00	-5.00	33	7.00	37	15	33	25	11	14
Basic Earnings per Share	$1.31	$0.14	($0.16)	($2.09)	($0.45)	($0.88)	($0.09)	$0.12	$2.45	$1.45	$1.58
Weighted Average Basic Shares Outstanding	220M	208M	206M	207M	207M	208M	209M	210M	209M	211M	212M
Diluted Earnings per Share	$1.29	$0.14	($0.16)	($2.09)	($0.45)	($0.88)	($0.09)	$0.12	$2.43	$1.41	$1.55
Weighted Average Diluted Shares Outstanding	224M	210M	206M	207M	207M	208M	209M	213M	212M	216M	217M
Weighted Average Basic & Diluted Shares Outstanding	417.51M	206.45M	206.48M	207.08M	207.39M	209.18M	209.51M	209.99M	420.39M	211.53M	211.71M
Cash Dividends to Common per Share	$0.70	$0.70	$0.00	$0.70	$1.40	$0.70	-	$0.70	-	$0.70	$0.72

This table details how cash moves in and out of Seagate Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/3/2015	7/1/2016	6/30/2017	6/29/2018	6/28/2019	7/3/2020	7/2/2021	7/1/2022	6/30/2023	6/28/2024
Net Change in Cash & Equivalents	-152	-1,354	1,411	-686	394	-527	-513	-594	171	572
Net Cash From Operating Activities	2,650	1,680	1,916	2,113	1,761	1,714	1,626	1,657	942	918
Net Cash From Continuing Operating Activities	2,650	1,680	1,916	2,110	1,761	1,714	1,626	1,657	942	918
Net Income / (Loss) Continuing Operations	1,742	248	772	1,182	2,012	1,004	1,314	1,649	-529	335
Consolidated Net Income / (Loss)	1,742	248	772	1,182	2,012	1,004	1,314	1,649	-529	335
Depreciation Expense	841	815	749	598	541	379	397	451	513	264
Non-Cash Adjustments To Reconcile Net Income	204	155	206	98	2.00	219	59	209	-214	-190
Changes in Operating Assets and Liabilities, net	-137	462	189	232	-794	112	-144	-652	1,172	509
Net Cash From Investing Activities	-1,287	-1,211	-459	-1,588	846	-635	-466	-352	217	126
Net Cash From Continuing Investing Activities	-1,287	-1,211	-459	-1,588	846	-635	-466	-352	217	126
Purchase of Property, Plant & Equipment	-747	-587	-471	-372	-620	-643	-502	-399	-317	-254
Sale of Property, Plant & Equipment	-	0.00	0.00	71	154	8.00	33	47	534	54
Divestitures	-	-	-	-	-	-	-	0.00	0.00	326
Net Cash From Financing Activities	-1,495	-1,820	-46	-1,211	-2,212	-1,605	-1,673	-1,899	-988	-473
Net Cash From Continuing Financing Activities	-1,495	-1,820	-46	-1,211	-2,212	-1,605	-1,673	-1,899	-988	-473
Repayment of Debt	-1,038	-26	-316	-214	-819	-1,139	-52	-707	-1,622	-1,416
Repurchase of Common Equity	-1,087	-1,090	-460	-361	-963	-850	-2,047	-1,799	-408	0.00
Payment of Dividends	-664	-727	-561	-726	-713	-673	-649	-610	-582	-585
Issuance of Debt	1,196	0.00	1,232	0.00	245	994	1,000	1,200	1,600	1,500
Issuance of Common Equity	98	79	86	113	69	103	108	68	68	66
Other Financing Activities, net	0.00	-56	-27	-23	-31	-40	-33	-51	-44	-38
Effect of Exchange Rate Changes	-	-3.00	-	-	-1.00	-	-	0.00	0.00	1.00
Cash Interest Paid	216	200	172	237	223	226	184	244	327	303
Cash Income Taxes Paid	285	40	33	43	39	51	44	33	32	30

This table details how cash moves in and out of Seagate Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/1/2022	9/30/2022	12/30/2022	3/31/2023	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024
Net Change in Cash & Equivalents	-523	146	9.00	-4.00	20	9.00	-8.00	8.00	563	-119	-1.00
Net Cash From Operating Activities	180	245	251	228	218	127	169	188	434	95	221
Net Cash From Continuing Operating Activities	180	245	251	228	218	127	169	188	434	95	221
Net Income / (Loss) Continuing Operations	276	29	-33	-433	-92	-184	-19	25	513	305	336
Consolidated Net Income / (Loss)	276	29	-33	-433	-92	-184	-19	25	513	305	336
Depreciation Expense	127	135	148	126	104	76	62	63	63	64	63
Non-Cash Adjustments To Reconcile Net Income	57	42	-156	15	-115	10	25	35	-260	46	107
Changes in Operating Assets and Liabilities, net	-280	39	292	520	321	225	101	65	118	-320	-285
Net Cash From Investing Activities	-59	-133	-77	-42	469	-70	-35	-52	283	-68	-70
Net Cash From Continuing Investing Activities	-59	-133	-77	-42	469	-70	-35	-52	283	-68	-70
Purchase of Property, Plant & Equipment	-72	-134	-79	-54	-50	-70	-70	-60	-54	-68	-71
Net Cash From Financing Activities	-644	34	-165	-190	-667	-49	-142	-128	-154	-146	-152
Net Cash From Continuing Financing Activities	-644	34	-165	-190	-667	-49	-142	-128	-154	-146	-152
Payment of Dividends	-152	-147	-145	-145	-145	-145	-146	-147	-147	-147	-148
Issuance of Common Equity	-	29	-	30	9.00	35	9.00	22	-	29	3.00
Other Financing Activities, net	-6.00	-39	-	-2.00	-3.00	-25	-3.00	-3.00	-7.00	-28	-7.00

This table presents Seagate Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/3/2015	7/1/2016	6/30/2017	6/29/2018	6/28/2019	7/3/2020	7/2/2021	7/1/2022	6/30/2023	6/28/2024
Total Assets	9,845	8,213	9,268	9,410	8,885	8,930	8,675	8,944	7,556	7,739
Total Current Assets	5,568	3,533	5,041	4,310	4,363	4,114	3,779	4,033	2,905	3,332
Cash & Equivalents	2,479	1,125	2,539	1,853	2,220	1,722	1,209	615	786	1,358
Accounts Receivable	1,735	1,318	1,199	1,184	989	1,115	1,158	1,532	621	429
Inventories, net	993	868	982	1,053	970	1,142	1,204	1,565	1,140	1,239
Other Current Assets	233	216	321	220	184	135	208	321	358	306
Plant, Property, & Equipment, net	2,278	2,160	1,875	1,792	1,869	2,129	2,181	2,239	1,706	1,614
Total Noncurrent Assets	1,999	2,520	2,352	3,308	2,653	2,687	2,715	2,672	2,945	2,793
Goodwill	874	1,237	1,238	1,237	1,237	1,237	1,237	1,237	1,237	1,219
Noncurrent Deferred & Refundable Income Taxes	496	616	609	417	1,114	1,120	1,117	1,132	1,117	1,037
Other Noncurrent Operating Assets	259	219	224	1,466	191	272	332	294	591	537
Total Liabilities & Shareholders' Equity	9,845	8,213	9,268	9,410	8,885	8,930	8,675	8,944	7,556	7,739
Total Liabilities	6,827	6,620	7,904	7,745	6,723	7,143	8,044	8,835	8,755	9,230
Total Current Liabilities	2,343	2,249	2,626	3,190	2,232	2,722	2,921	3,555	2,592	3,099
Short-Term Debt	-	-	0.00	499	0.00	19	245	584	63	479
Accounts Payable	1,540	1,517	1,626	1,728	1,420	1,808	1,725	2,058	1,603	1,786
Accrued Expenses	547	548	763	710	643	671	669	661	826	728
Current Employee Benefit Liabilities	256	184	237	253	169	224	282	252	100	106
Total Noncurrent Liabilities	4,484	4,371	5,278	4,555	4,491	4,421	5,123	5,280	6,163	6,131
Long-Term Debt	4,155	4,091	5,021	4,320	4,253	4,156	4,894	5,062	5,388	5,195
Other Noncurrent Operating Liabilities	296	266	242	225	234	265	229	218	775	936
Total Equity & Noncontrolling Interests	3,018	1,593	1,364	1,665	2,162	1,787	631	109	-1,199	-1,491
Total Preferred & Common Equity	3,018	1,593	1,364	1,665	2,162	1,787	631	109	-1,199	-1,491
Total Common Equity	3,018	1,593	1,364	1,665	2,162	1,787	631	109	-1,199	-1,491
Common Stock	5,734	5,929	6,152	6,377	6,545	6,757	6,977	7,190	7,373	7,471
Retained Earnings	-2,686	-4,311	-4,771	-4,696	-4,349	-4,904	-6,305	-7,117	-8,670	-8,960
Accumulated Other Comprehensive Income / (Loss)	-30	-25	-17	-16	-34	-66	-41	36	98	-2.00

This table presents Seagate Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/1/2022	9/30/2022	12/30/2022	3/31/2023	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024
Total Assets	8,944	8,611	7,867	7,967	7,556	7,196	7,149	7,096	7,739	7,972	7,959
Total Current Assets	4,033	3,740	3,081	3,597	2,905	2,636	2,628	2,615	3,332	3,608	3,662
Cash & Equivalents	615	761	770	766	786	795	787	795	1,358	1,239	1,238
Accounts Receivable	1,532	1,098	840	994	621	521	471	332	429	628	587
Inventories, net	1,565	1,606	1,194	1,200	1,140	1,052	1,053	1,191	1,239	1,383	1,473
Other Current Assets	321	275	277	637	358	268	317	297	306	358	364
Plant, Property, & Equipment, net	2,239	2,196	2,122	1,753	1,706	1,652	1,642	1,639	1,614	1,599	1,595
Total Noncurrent Assets	2,672	2,675	2,664	2,617	2,945	2,908	2,879	2,842	2,793	2,765	2,702
Goodwill	1,237	1,237	1,237	1,237	1,237	1,237	1,237	1,237	1,219	1,219	1,219
Noncurrent Deferred & Refundable Income Taxes	1,132	1,137	1,135	1,127	1,117	1,087	1,074	1,052	1,037	1,038	1,032
Other Noncurrent Operating Assets	294	296	289	252	591	584	568	553	537	508	451
Total Liabilities & Shareholders' Equity	8,944	8,611	7,867	7,967	7,556	7,196	7,149	7,096	7,739	7,972	7,959
Total Liabilities	8,835	8,962	8,337	8,971	8,755	8,898	8,963	8,985	9,230	9,272	9,038
Total Current Liabilities	3,555	3,138	2,725	3,639	2,592	2,473	2,529	3,062	3,099	3,161	2,969
Short-Term Debt	584	636	636	1,118	63	0.00	0.00	479	479	479	479
Accounts Payable	2,058	1,712	1,085	1,697	1,603	1,511	1,619	1,672	1,786	1,778	1,567
Accrued Expenses	661	684	897	740	826	874	824	836	728	756	719
Current Employee Benefit Liabilities	252	106	107	84	100	88	86	75	106	148	204
Total Noncurrent Liabilities	5,280	5,824	5,612	5,332	6,163	6,425	6,434	5,923	6,131	6,111	6,069
Long-Term Debt	5,062	5,613	5,393	4,840	5,388	5,666	5,669	5,192	5,195	5,197	5,200
Other Noncurrent Operating Liabilities	218	211	219	492	775	759	765	731	936	914	869
Total Equity & Noncontrolling Interests	109	-351	-470	-1,004	-1,199	-1,702	-1,814	-1,889	-1,491	-1,300	-1,079
Total Preferred & Common Equity	109	-351	-470	-1,004	-1,199	-1,702	-1,814	-1,889	-1,491	-1,300	-1,079
Total Common Equity	109	-351	-470	-1,004	-1,199	-1,702	-1,814	-1,889	-1,491	-1,300	-1,079
Common Stock	7,190	7,248	7,281	7,342	7,373	7,338	7,377	7,433	7,471	7,533	7,577
Retained Earnings	-7,117	-7,672	-7,850	-8,430	-8,670	-9,025	-9,194	-9,319	-8,960	-8,831	-8,654
Accumulated Other Comprehensive Income / (Loss)	36	73	99	84	98	-15	3.00	-3.00	-2.00	-2.00	-2.00

This table displays calculated financial ratios and metrics derived from Seagate Technology's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/3/2015	7/1/2016	6/30/2017	6/29/2018	6/28/2019	7/3/2020	7/2/2021	7/1/2022	6/30/2023	6/28/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.11%	-18.77%	-3.49%	3.83%	-7.10%	1.15%	1.64%	9.18%	-36.68%	-11.28%
EBITDA Growth	14.87%	-57.54%	38.70%	24.80%	-7.27%	-22.45%	23.30%	21.09%	-94.53%	711.54%
EBIT Growth	24.56%	-78.63%	120.91%	57.66%	-6.44%	-19.78%	29.10%	22.99%	-119.89%	306.53%
NOPAT Growth	1.55%	-77.87%	147.88%	36.42%	60.10%	-42.00%	14.99%	32.02%	-112.47%	242.13%
Net Income Growth	10.96%	-85.76%	211.29%	53.11%	70.22%	-50.10%	30.88%	25.49%	-132.08%	163.33%
EPS Growth	16.37%	-84.41%	214.63%	56.98%	74.32%	-46.32%	41.42%	37.31%	-134.78%	161.72%
Operating Cash Flow Growth	3.60%	-36.60%	14.05%	10.28%	-16.66%	-2.67%	-5.13%	1.91%	-43.15%	-2.55%
Free Cash Flow Firm Growth	-27.55%	-56.13%	217.12%	-66.16%	353.45%	-53.39%	-7.08%	18.33%	6.97%	-31.60%
Invested Capital Growth	14.51%	-2.88%	-15.53%	20.41%	-9.41%	1.07%	7.57%	12.69%	-32.57%	-18.49%
Revenue Q/Q Growth	-2.64%	-2.40%	-2.25%	3.99%	-4.27%	1.41%	4.87%	-3.20%	-12.20%	4.55%
EBITDA Q/Q Growth	-4.20%	-7.72%	2.78%	15.01%	-8.02%	-8.87%	21.77%	-7.29%	-73.36%	114.00%
EBIT Q/Q Growth	-5.77%	-16.99%	7.56%	25.47%	-10.43%	-9.07%	28.57%	-9.87%	-697.92%	320.74%
NOPAT Q/Q Growth	-11.98%	-14.13%	7.00%	31.87%	36.39%	-40.83%	17.68%	-6.69%	-4,175.00%	196.40%
Net Income Q/Q Growth	-9.51%	-21.27%	6.04%	41.56%	35.03%	-44.87%	31.66%	-11.11%	-228.57%	224.07%
EPS Q/Q Growth	-8.36%	-22.64%	6.17%	41.61%	37.35%	-43.01%	34.00%	-8.68%	-212.20%	221.54%
Operating Cash Flow Q/Q Growth	-11.55%	2.31%	-1.34%	11.92%	-1.12%	-3.38%	5.86%	-15.24%	4.20%	30.77%
Free Cash Flow Firm Q/Q Growth	-12.54%	48.12%	-1.65%	-63.61%	7,201.63%	-54.44%	2.58%	-13.18%	95.61%	-25.42%
Invested Capital Q/Q Growth	3.99%	-1.32%	0.87%	42.06%	-13.02%	-1.00%	3.33%	4.32%	-17.24%	-5.42%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.72%	23.43%	29.47%	30.08%	28.22%	27.04%	27.31%	29.75%	18.30%	23.45%
EBITDA Margin	21.92%	11.46%	16.47%	19.80%	19.76%	15.15%	18.38%	20.38%	1.76%	16.10%
Operating Margin	14.98%	3.99%	9.79%	14.61%	14.31%	12.37%	13.97%	16.77%	-4.63%	6.90%
EBIT Margin	15.80%	4.16%	9.52%	14.45%	14.55%	11.54%	14.66%	16.52%	-5.19%	12.07%
Profit (Net Income) Margin	12.68%	2.22%	7.17%	10.57%	19.36%	9.55%	12.30%	14.14%	-7.16%	5.11%
Tax Burden Percent	88.43%	90.51%	94.72%	83.36%	146.65%	97.29%	97.48%	98.21%	106.65%	75.28%
Interest Burden Percent	90.74%	59.05%	79.51%	87.75%	90.74%	85.08%	86.08%	87.18%	129.50%	56.26%
Effective Tax Rate	11.57%	9.49%	5.28%	16.64%	-46.65%	2.71%	2.52%	1.79%	0.00%	24.72%
Return on Invested Capital (ROIC)	41.44%	8.72%	23.77%	32.14%	49.41%	29.99%	33.05%	39.59%	-5.56%	10.82%
ROIC Less NNEP Spread (ROIC-NNEP)	36.14%	2.03%	15.45%	25.53%	42.67%	18.36%	28.65%	33.54%	-11.54%	10.70%
Return on Net Nonoperating Assets (RNNOA)	18.11%	2.04%	28.44%	45.91%	55.73%	20.86%	75.63%	406.09%	102.63%	-35.72%
Return on Equity (ROE)	59.56%	10.76%	52.22%	78.05%	105.15%	50.85%	108.68%	445.68%	97.06%	-24.91%
Cash Return on Invested Capital (CROIC)	27.92%	11.64%	40.61%	13.61%	59.29%	28.92%	25.76%	27.65%	33.34%	31.20%
Operating Return on Assets (OROA)	22.45%	5.14%	11.73%	17.30%	16.53%	13.62%	17.79%	21.86%	-4.64%	10.34%
Return on Assets (ROA)	18.02%	2.75%	8.83%	12.66%	22.00%	11.27%	14.93%	18.72%	-6.41%	4.38%
Return on Common Equity (ROCE)	59.56%	10.76%	52.22%	78.05%	105.15%	50.85%	108.68%	445.68%	97.06%	-24.91%
Return on Equity Simple (ROE_SIMPLE)	57.72%	15.57%	56.60%	70.99%	93.06%	56.18%	208.24%	1,512.84%	44.12%	-22.47%
Net Operating Profit after Tax (NOPAT)	1,820	403	998	1,362	2,181	1,265	1,454	1,920	-239	340
NOPAT Margin	13.25%	3.61%	9.27%	12.18%	20.99%	12.03%	13.62%	16.47%	-3.24%	5.19%
Net Nonoperating Expense Percent (NNEP)	5.31%	6.69%	8.32%	6.61%	6.75%	11.62%	4.40%	6.05%	5.97%	0.12%
Cost of Revenue to Revenue	72.28%	76.57%	70.53%	69.92%	71.78%	72.96%	72.69%	70.25%	81.70%	76.55%
SG&A Expenses to Revenue	6.24%	5.69%	5.63%	5.03%	4.36%	4.50%	4.70%	4.79%	6.65%	7.02%
R&D to Revenue	9.85%	11.08%	11.44%	9.17%	9.54%	9.26%	8.45%	8.07%	10.79%	9.98%
Operating Expenses to Revenue	12.74%	19.44%	19.68%	15.47%	13.91%	14.67%	13.34%	12.98%	22.93%	16.55%
Earnings before Interest and Taxes (EBIT)	2,171	464	1,025	1,616	1,512	1,213	1,566	1,926	-383	791
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,012	1,279	1,774	2,214	2,053	1,592	1,963	2,377	130	1,055
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3,200,707.13	3.08	6.13	7.49	4.91	5.83	28.18	125.55	0.00	0.00
Price to Tangible Book Value (P/TBV)	5,445,171.44	0.00	0.00	51.98	13.05	21.16	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	703,088.59	0.44	0.78	1.12	1.02	0.99	1.67	1.17	1.68	3.31
Price to Earnings (P/E)	5,545,197.55	19.79	10.84	10.55	5.28	10.37	13.53	8.30	0.00	64.73
Dividend Yield	8.15%	14.78%	8.93%	5.80%	6.57%	6.36%	4.26%	4.35%	4.68%	2.71%
Earnings Yield	0.00%	5.05%	9.23%	9.48%	18.94%	9.64%	7.39%	12.05%	0.00%	1.54%
Enterprise Value to Invested Capital (EV/IC)	2,060,523.85	1.73	2.82	3.33	3.02	3.03	4.76	3.64	4.92	9.20
Enterprise Value to Revenue (EV/Rev)	703,088.71	0.71	1.01	1.38	1.22	1.22	2.03	1.61	2.31	3.97
Enterprise Value to EBITDA (EV/EBITDA)	3,207,083.60	6.15	6.12	6.97	6.17	8.08	11.06	7.87	131.16	24.65
Enterprise Value to EBIT (EV/EBIT)	4,449,440.72	16.96	10.59	9.55	8.37	10.61	13.87	9.72	0.00	32.87
Enterprise Value to NOPAT (EV/NOPAT)	5,308,086.03	19.53	10.87	11.34	5.80	10.17	14.93	9.75	0.00	76.41
Enterprise Value to Operating Cash Flow (EV/OCF)	3,645,183.32	4.68	5.66	7.31	7.19	7.51	13.35	11.30	18.10	28.32
Enterprise Value to Free Cash Flow (EV/FCFF)	7,880,254.36	14.63	6.36	26.76	4.84	10.55	19.16	13.96	11.89	26.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.38	2.57	3.68	2.89	1.97	2.34	8.14	51.80	-4.55	-3.81
Long-Term Debt to Equity	1.38	2.57	3.68	2.59	1.97	2.33	7.76	46.44	-4.49	-3.48
Financial Leverage	0.50	1.00	1.84	1.80	1.31	1.14	2.64	12.11	-8.90	-3.34
Leverage Ratio	3.31	3.92	5.91	6.17	4.78	4.51	7.28	23.81	-15.14	-5.69
Compound Leverage Factor	3.00	2.31	4.70	5.41	4.34	3.84	6.27	20.76	-19.60	-3.20
Debt to Total Capital	57.93%	71.97%	78.64%	74.32%	66.30%	70.03%	89.06%	98.11%	128.20%	135.64%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	7.70%	0.00%	0.32%	4.25%	10.15%	1.48%	11.45%
Long-Term Debt to Total Capital	57.93%	71.97%	78.64%	66.63%	66.30%	69.71%	84.82%	87.96%	126.72%	124.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	42.07%	28.03%	21.36%	25.68%	33.70%	29.97%	10.94%	1.89%	-28.20%	-35.64%
Debt to EBITDA	1.38	3.20	2.83	2.18	2.07	2.62	2.62	2.38	41.93	5.38
Net Debt to EBITDA	0.55	2.31	1.40	1.34	0.99	1.54	2.00	2.12	35.88	4.09
Long-Term Debt to EBITDA	1.38	3.20	2.83	1.95	2.07	2.61	2.49	2.13	41.45	4.92
Debt to NOPAT	2.28	10.16	5.03	3.54	1.95	3.30	3.53	2.94	-22.77	16.68
Net Debt to NOPAT	0.92	7.35	2.49	2.18	0.93	1.94	2.70	2.62	-19.49	12.68
Long-Term Debt to NOPAT	2.28	10.16	5.03	3.17	1.95	3.29	3.37	2.64	-22.51	15.27
Altman Z-Score	848,960.75	1.44	1.75	2.17	2.28	1.92	2.25	1.89	0.10	1.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.38	1.57	1.92	1.35	1.95	1.51	1.29	1.13	1.12	1.08
Quick Ratio	1.80	1.09	1.42	0.95	1.44	1.04	0.81	0.60	0.54	0.58
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,226	538	1,705	577	2,617	1,220	1,133	1,341	1,435	981
Operating Cash Flow to CapEx	354.75%	286.20%	406.79%	701.99%	377.90%	269.92%	346.70%	470.74%	0.00%	459.00%
Free Cash Flow to Firm to Interest Expense	5.92	2.79	7.68	2.45	11.68	6.07	5.15	5.39	11.66	2.72
Operating Cash Flow to Interest Expense	12.80	8.70	8.63	8.95	7.86	8.53	7.39	6.65	7.66	2.54
Operating Cash Flow Less CapEx to Interest Expense	9.19	5.66	6.51	7.68	5.78	5.37	5.26	5.24	9.42	1.99
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.42	1.24	1.23	1.20	1.14	1.18	1.21	1.32	0.90	0.86
Accounts Receivable Turnover	7.93	7.31	8.56	9.39	9.56	9.99	9.40	8.67	6.86	12.48
Inventory Turnover	10.04	9.18	8.21	7.69	7.37	7.26	6.62	5.92	4.46	4.22
Fixed Asset Turnover	6.23	5.03	5.34	6.10	5.68	5.26	4.96	5.28	3.74	3.95
Accounts Payable Turnover	6.43	5.59	4.83	4.66	4.74	4.75	4.40	4.33	3.30	2.96
Days Sales Outstanding (DSO)	46.01	49.93	42.65	38.89	38.17	36.54	38.84	42.10	53.21	29.25
Days Inventory Outstanding (DIO)	36.35	39.75	44.44	47.49	49.50	50.27	55.14	61.69	81.83	86.57
Days Payable Outstanding (DPO)	56.77	65.29	75.50	78.27	77.03	76.84	83.05	84.28	110.75	123.33
Cash Conversion Cycle (CCC)	25.59	24.38	11.59	8.10	10.64	9.97	10.94	19.51	24.29	-7.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,688	4,553	3,846	4,631	4,195	4,240	4,561	5,140	3,466	2,825
Invested Capital Turnover	3.13	2.42	2.56	2.64	2.35	2.49	2.43	2.40	1.72	2.08
Increase / (Decrease) in Invested Capital	594	-135	-707	785	-436	45	321	579	-1,674	-641
Enterprise Value (EV)	9,659,735,797	7,867	10,850	15,440	12,658	12,866	21,715	18,716	17,051	26,002
Market Capitalization	9,659,734,127	4,907	8,368	12,474	10,625	10,413	17,785	13,685	12,386	21,686
Book Value per Share	$0.00	$5.34	$4.60	$5.80	$7.81	$6.96	$2.76	$0.51	($5.79)	($7.10)
Tangible Book Value per Share	$0.00	($0.31)	($0.52)	$0.84	$2.94	$1.92	($2.77)	($5.29)	($11.76)	($12.91)
Total Capital	7,173	5,684	6,385	6,484	6,415	5,962	5,770	5,755	4,252	4,183
Total Debt	4,155	4,091	5,021	4,819	4,253	4,175	5,139	5,646	5,451	5,674
Total Long-Term Debt	4,155	4,091	5,021	4,320	4,253	4,156	4,894	5,062	5,388	5,195
Net Debt	1,670	2,960	2,482	2,966	2,033	2,453	3,930	5,031	4,665	4,316
Capital Expenditures (CapEx)	747	587	471	301	466	635	469	352	-217	200
Debt-free, Cash-free Net Working Capital (DFCFNWC)	740	153	-124	-234	-89	-311	-106	447	-410	-646
Debt-free Net Working Capital (DFNWC)	3,225	1,284	2,415	1,619	2,131	1,411	1,103	1,062	376	712
Net Working Capital (NWC)	3,225	1,284	2,415	1,120	2,131	1,392	858	478	313	233
Net Nonoperating Expense (NNE)	78	155	226	180	169	261	140	271	290	5.27
Net Nonoperating Obligations (NNO)	1,670	2,960	2,482	2,966	2,033	2,453	3,930	5,031	4,665	4,316
Total Depreciation and Amortization (D&A)	841	815	749	598	541	379	397	451	513	264
Debt-free, Cash-free Net Working Capital to Revenue	5.39%	1.37%	-1.15%	-2.09%	-0.86%	-2.96%	-0.99%	3.83%	-5.55%	-9.86%
Debt-free Net Working Capital to Revenue	23.47%	11.51%	22.42%	14.48%	20.51%	13.43%	10.33%	9.11%	5.09%	10.87%
Net Working Capital to Revenue	23.47%	11.51%	22.42%	10.01%	20.51%	13.25%	8.03%	4.10%	4.24%	3.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.38	$0.83	$2.61	$4.10	$7.13	$3.83	$5.43	$7.50	($2.56)	$1.60
Adjusted Weighted Average Basic Shares Outstanding	324M	299M	296M	288M	282M	262M	242M	220M	207M	209M
Adjusted Diluted Earnings per Share	$5.26	$0.82	$2.58	$4.05	$7.06	$3.79	$5.36	$7.36	($2.56)	$1.58
Adjusted Weighted Average Diluted Shares Outstanding	331M	302M	299M	292M	285M	265M	245M	224M	207M	212M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	302.03M	298.61M	291.81M	287.18M	269.04M	514.92M	455.21M	417.51M	207.39M	420.39M
Normalized Net Operating Profit after Tax (NOPAT)	1,848	561	1,167	1,436	1,026	1,345	1,462	1,923	42	318
Normalized NOPAT Margin	13.45%	5.03%	10.83%	12.84%	9.87%	12.79%	13.69%	16.49%	0.57%	4.85%
Pre Tax Income Margin	14.34%	2.46%	7.57%	12.68%	13.21%	9.82%	12.62%	14.40%	-6.72%	6.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.49	2.40	4.62	6.85	6.75	6.03	7.12	7.73	-3.11	2.19
NOPAT to Interest Expense	8.79	2.09	4.50	5.77	9.74	6.29	6.61	7.71	-1.95	0.94
EBIT Less CapEx to Interest Expense	6.88	-0.64	2.50	5.57	4.67	2.88	4.99	6.32	-1.35	1.64
NOPAT Less CapEx to Interest Expense	5.18	-0.95	2.38	4.50	7.65	3.13	4.48	6.30	-0.18	0.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	38.12%	293.15%	72.67%	61.42%	35.44%	67.03%	49.39%	36.99%	-110.02%	174.63%
Augmented Payout Ratio	100.52%	732.66%	132.25%	91.96%	83.30%	151.69%	205.18%	146.09%	-187.15%	174.63%

This table displays calculated financial ratios and metrics derived from Seagate Technology's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	7/1/2022	9/30/2022	12/30/2022	3/31/2023	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	12/27/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.78%	-34.67%	-39.44%	-33.62%	-39.04%	-28.55%	-17.59%	-11.02%	17.79%	49.11%	49.52%
EBITDA Growth	-28.38%	-66.67%	-102.64%	-137.64%	-75.85%	-82.76%	872.22%	201.01%	492.98%	1,045.00%	251.80%
EBIT Growth	-37.95%	-83.61%	-128.87%	-178.26%	-97.10%	-137.11%	146.39%	142.28%	6,030.00%	1,194.44%	453.25%
NOPAT Growth	-28.09%	-80.13%	-119.81%	-152.14%	-94.85%	-178.57%	177.50%	127.95%	1,545.10%	530.75%	439.72%
Net Income Growth	-42.74%	-94.49%	-106.59%	-225.14%	-133.33%	-734.48%	42.42%	105.77%	657.61%	265.76%	1,868.42%
EPS Growth	-35.18%	-93.86%	-107.17%	-233.97%	-134.88%	-728.57%	43.75%	105.74%	640.00%	260.23%	1,822.22%
Operating Cash Flow Growth	-62.34%	-50.60%	-51.82%	-50.43%	21.11%	-48.16%	-32.67%	-17.54%	99.08%	-25.20%	30.77%
Free Cash Flow Firm Growth	-232.05%	-281.27%	-199.33%	675.40%	850.74%	780.14%	3,789.39%	143.52%	-44.43%	-77.58%	-90.35%
Invested Capital Growth	12.69%	8.24%	-1.30%	-15.00%	-32.57%	-38.31%	-35.94%	-28.68%	-18.49%	-1.01%	9.58%
Revenue Q/Q Growth	-6.21%	-22.56%	-7.27%	-1.43%	-13.87%	-9.24%	6.95%	6.43%	14.02%	14.89%	7.24%
EBITDA Q/Q Growth	-10.27%	-50.85%	-107.76%	-1,000.00%	157.58%	-64.91%	247.50%	43.88%	238.00%	-32.25%	6.77%
EBIT Q/Q Growth	-16.67%	-71.88%	-271.13%	-95.18%	103.09%	-460.00%	313.89%	77.92%	347.45%	-35.73%	8.12%
NOPAT Q/Q Growth	-16.39%	-67.50%	-197.45%	-96.88%	108.25%	-596.15%	196.12%	-28.99%	385.75%	29.91%	20.44%
Net Income Q/Q Growth	-20.23%	-89.49%	-213.79%	-1,212.12%	78.75%	-100.00%	89.67%	231.58%	1,952.00%	-40.55%	10.16%
EPS Q/Q Growth	-17.31%	-89.15%	-214.29%	-1,206.25%	78.47%	-95.56%	89.77%	233.33%	1,925.00%	-41.98%	9.93%
Operating Cash Flow Q/Q Growth	-60.87%	36.11%	2.45%	-9.16%	-4.39%	-41.74%	33.07%	11.24%	130.85%	-78.11%	132.63%
Free Cash Flow Firm Q/Q Growth	-150.14%	-22.48%	82.25%	1,158.16%	226.36%	10.96%	-3.72%	-30.16%	-25.52%	-55.24%	-58.55%
Invested Capital Q/Q Growth	4.32%	-0.06%	-6.77%	-12.55%	-17.24%	-8.57%	-3.19%	-2.64%	-5.42%	11.04%	7.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.88%	23.69%	13.04%	17.15%	18.98%	10.25%	23.28%	25.68%	31.80%	32.93%	34.92%
EBITDA Margin	17.96%	11.40%	-0.95%	-10.65%	7.12%	2.75%	8.94%	12.08%	35.82%	21.13%	21.03%
Operating Margin	13.70%	5.26%	-8.48%	-16.94%	1.62%	-8.87%	7.97%	8.64%	16.64%	18.59%	20.99%
EBIT Margin	13.13%	4.77%	-8.80%	-17.42%	0.62%	-2.48%	4.95%	8.28%	32.49%	18.17%	18.32%
Profit (Net Income) Margin	10.50%	1.43%	-1.75%	-23.28%	-5.74%	-12.65%	-1.22%	1.51%	27.19%	14.07%	14.45%
Tax Burden Percent	98.22%	107.41%	86.84%	108.25%	108.24%	125.17%	475.00%	43.10%	95.35%	96.52%	96.00%
Interest Burden Percent	81.45%	27.84%	22.89%	123.46%	-850.00%	408.33%	-5.19%	42.34%	87.77%	80.20%	82.16%
Effective Tax Rate	1.78%	-7.41%	0.00%	0.00%	0.00%	0.00%	0.00%	56.90%	4.65%	3.48%	4.00%
Return on Invested Capital (ROIC)	32.35%	12.09%	-11.51%	-21.88%	1.95%	-10.17%	9.19%	6.51%	33.05%	41.34%	50.36%
ROIC Less NNEP Spread (ROIC-NNEP)	30.61%	10.31%	-9.87%	-26.26%	-0.32%	-11.98%	7.11%	5.78%	37.80%	39.54%	47.52%
Return on Net Nonoperating Assets (RNNOA)	370.73%	397.21%	-1,688.75%	436.80%	2.88%	60.46%	-31.56%	-20.11%	-126.21%	-122.58%	-153.13%
Return on Equity (ROE)	403.08%	409.31%	-1,700.26%	414.92%	4.83%	50.29%	-22.37%	-13.60%	-93.16%	-81.24%	-102.77%
Cash Return on Invested Capital (CROIC)	27.65%	21.42%	16.50%	16.09%	33.34%	37.65%	38.57%	36.68%	31.20%	29.34%	30.03%
Operating Return on Assets (OROA)	17.38%	5.86%	-9.54%	-17.12%	0.56%	-2.13%	4.27%	6.89%	27.83%	17.41%	19.49%
Return on Assets (ROA)	13.90%	1.75%	-1.90%	-22.88%	-5.14%	-10.89%	-1.05%	1.26%	23.29%	13.48%	15.37%
Return on Common Equity (ROCE)	403.08%	409.31%	-1,700.26%	414.92%	4.83%	50.29%	-22.37%	-13.60%	-93.16%	-81.24%	-102.77%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-328.21%	-131.49%	16.04%	0.00%	43.60%	40.13%	14.29%	0.00%	-63.38%	-109.27%
Net Operating Profit after Tax (NOPAT)	354	115	-112	-221	18	-90	87	62	299	389	468
NOPAT Margin	13.45%	5.65%	-5.94%	-11.85%	1.14%	-6.21%	5.58%	3.72%	15.87%	17.94%	20.15%
Net Nonoperating Expense Percent (NNEP)	1.73%	1.78%	-1.65%	4.38%	2.27%	1.81%	2.09%	0.73%	-4.76%	1.80%	2.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	2.25%	-	-	-	10.18%
Cost of Revenue to Revenue	71.12%	76.31%	86.96%	82.85%	81.02%	89.75%	76.72%	74.32%	68.20%	67.07%	65.08%
SG&A Expenses to Revenue	5.67%	6.34%	6.62%	6.61%	7.12%	7.22%	6.95%	7.01%	6.94%	5.95%	5.98%
R&D to Revenue	9.40%	11.50%	10.60%	10.27%	10.74%	11.76%	10.35%	9.91%	8.37%	8.35%	7.91%
Operating Expenses to Revenue	15.18%	18.43%	21.52%	34.09%	17.35%	19.12%	15.31%	17.04%	15.16%	14.35%	13.94%
Earnings before Interest and Taxes (EBIT)	345	97	-166	-324	10	-36	77	137	613	394	426
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	472	232	-18	-198	114	40	139	200	676	458	489
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	125.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.17	0.98	1.10	1.55	1.68	1.95	2.68	3.09	3.31	3.15	2.30
Price to Earnings (P/E)	8.30	8.99	16.62	0.00	0.00	0.00	0.00	0.00	64.73	27.74	15.68
Dividend Yield	4.35%	5.64%	5.63%	4.43%	4.68%	4.37%	3.38%	3.03%	2.71%	2.57%	3.23%
Earnings Yield	12.05%	11.12%	6.02%	0.00%	0.00%	0.00%	0.00%	0.00%	1.54%	3.61%	6.38%
Enterprise Value to Invested Capital (EV/IC)	3.64	3.09	3.24	4.36	4.92	5.73	7.25	8.12	9.20	8.70	6.82
Enterprise Value to Revenue (EV/Rev)	1.61	1.50	1.66	2.17	2.31	2.67	3.44	3.87	3.97	3.76	2.85
Enterprise Value to EBITDA (EV/EBITDA)	7.87	8.29	12.81	37.39	131.16	0.00	234.02	49.17	24.65	18.53	12.58
Enterprise Value to EBIT (EV/EBIT)	9.72	11.08	22.50	0.00	0.00	0.00	0.00	128.95	32.87	22.35	14.60
Enterprise Value to NOPAT (EV/NOPAT)	9.75	10.93	21.20	0.00	0.00	0.00	0.00	211.17	76.41	30.57	18.21
Enterprise Value to Operating Cash Flow (EV/OCF)	11.30	11.27	13.67	20.19	18.10	22.02	29.96	34.53	28.32	30.81	24.44
Enterprise Value to Free Cash Flow (EV/FCFF)	13.96	14.97	19.52	24.88	11.89	11.61	14.67	18.42	26.50	29.51	23.75
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	51.80	-17.80	-12.83	-5.93	-4.55	-3.33	-3.13	-3.00	-3.81	-4.37	-5.26
Long-Term Debt to Equity	46.44	-15.99	-11.47	-4.82	-4.49	-3.33	-3.13	-2.75	-3.48	-4.00	-4.82
Financial Leverage	12.11	38.53	171.16	-16.63	-8.90	-5.05	-4.44	-3.48	-3.34	-3.10	-3.22
Leverage Ratio	23.81	68.90	307.89	-29.35	-15.14	-7.70	-6.57	-5.21	-5.69	-5.05	-5.22
Compound Leverage Factor	19.39	19.18	70.48	-36.24	128.67	-31.44	0.34	-2.20	-4.99	-4.05	-4.29
Debt to Total Capital	98.11%	105.95%	108.45%	120.27%	128.20%	142.94%	147.06%	149.95%	135.64%	129.71%	123.46%
Short-Term Debt to Total Capital	10.15%	10.78%	11.44%	22.57%	1.48%	0.00%	0.00%	12.67%	11.45%	10.95%	10.41%
Long-Term Debt to Total Capital	87.96%	95.17%	97.01%	97.70%	126.72%	142.94%	147.06%	137.28%	124.19%	118.76%	113.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	1.89%	-5.95%	-8.45%	-20.27%	-28.20%	-42.94%	-47.06%	-49.95%	-35.64%	-29.71%	-23.46%
Debt to EBITDA	2.38	3.27	4.97	12.21	41.93	-91.39	59.67	11.50	5.38	3.85	3.12
Net Debt to EBITDA	2.12	2.87	4.34	10.64	35.88	-78.56	51.39	9.89	4.09	3.01	2.44
Long-Term Debt to EBITDA	2.13	2.93	4.45	9.92	41.45	-91.39	59.67	10.53	4.92	3.53	2.85
Debt to NOPAT	2.94	4.31	8.23	-1,063.93	-22.77	-14.00	-27.55	49.40	16.68	6.36	4.51
Net Debt to NOPAT	2.62	3.79	7.18	-927.14	-19.49	-12.04	-23.72	42.47	12.68	4.97	3.53
Long-Term Debt to NOPAT	2.64	3.87	7.36	-864.29	-22.51	-14.00	-27.55	45.23	15.27	5.82	4.13
Altman Z-Score	1.31	0.80	0.52	0.31	0.27	0.10	0.32	0.33	0.93	1.07	1.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.13	1.19	1.13	0.99	1.12	1.07	1.04	0.85	1.08	1.14	1.23
Quick Ratio	0.60	0.59	0.59	0.48	0.54	0.53	0.50	0.37	0.58	0.59	0.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-225	-276	-49	519	1,692	1,878	1,808	1,263	940	421	174
Operating Cash Flow to CapEx	305.08%	184.21%	325.97%	542.86%	0.00%	181.43%	241.43%	361.54%	1,009.30%	139.71%	311.27%
Free Cash Flow to Firm to Interest Expense	-3.47	-3.89	0.00	6.65	16.75	16.62	21.52	15.40	11.47	4.95	2.08
Operating Cash Flow to Interest Expense	2.77	3.45	0.00	2.92	2.16	1.12	2.01	2.29	5.29	1.12	2.63
Operating Cash Flow Less CapEx to Interest Expense	1.86	1.58	0.00	2.38	6.80	0.50	1.18	1.66	4.77	0.32	1.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.32	1.23	1.08	0.98	0.90	0.86	0.86	0.83	0.86	0.96	1.06
Accounts Receivable Turnover	8.67	8.82	8.35	7.19	6.86	8.40	9.87	9.45	12.48	12.65	15.19
Inventory Turnover	5.92	5.43	5.69	4.93	4.46	4.35	4.75	4.20	4.22	4.24	4.34
Fixed Asset Turnover	5.28	4.80	4.31	4.26	3.74	3.54	3.44	3.69	3.95	4.47	4.96
Accounts Payable Turnover	4.33	4.36	4.87	3.62	3.30	3.59	3.95	2.98	2.96	3.14	3.44
Days Sales Outstanding (DSO)	42.10	41.38	43.69	50.74	53.21	43.43	36.97	38.62	29.25	28.86	24.03
Days Inventory Outstanding (DIO)	61.69	67.22	64.14	74.03	81.83	83.85	76.84	86.82	86.57	86.05	84.06
Days Payable Outstanding (DPO)	84.28	83.67	74.90	100.73	110.75	101.68	92.46	122.33	123.33	116.24	106.03
Cash Conversion Cycle (CCC)	19.51	24.92	32.94	24.04	24.29	25.61	21.35	3.11	-7.50	-1.32	2.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,140	5,137	4,789	4,188	3,466	3,169	3,068	2,987	2,825	3,137	3,362
Invested Capital Turnover	2.40	2.14	1.94	1.85	1.72	1.64	1.65	1.75	2.08	2.30	2.50
Increase / (Decrease) in Invested Capital	579	391	-63	-739	-1,674	-1,968	-1,721	-1,201	-641	-32	294
Enterprise Value (EV)	18,716	15,850	15,528	18,247	17,051	18,147	22,232	24,242	26,002	27,294	22,927
Market Capitalization	13,685	10,362	10,269	13,055	12,386	13,276	17,350	19,366	21,686	22,857	18,486
Book Value per Share	$0.51	($1.68)	($2.28)	($4.86)	($5.79)	($8.21)	($8.67)	($9.02)	($7.10)	($6.18)	($5.10)
Tangible Book Value per Share	($5.29)	($7.63)	($8.28)	($10.86)	($11.76)	($14.17)	($14.59)	($14.92)	($12.91)	($11.98)	($10.86)
Total Capital	5,755	5,898	5,559	4,954	4,252	3,964	3,855	3,782	4,183	4,376	4,600
Total Debt	5,646	6,249	6,029	5,958	5,451	5,666	5,669	5,671	5,674	5,676	5,679
Total Long-Term Debt	5,062	5,613	5,393	4,840	5,388	5,666	5,669	5,192	5,195	5,197	5,200
Net Debt	5,031	5,488	5,259	5,192	4,665	4,871	4,882	4,876	4,316	4,437	4,441
Capital Expenditures (CapEx)	59	133	77	42	-469	70	70	52	43	68	71
Debt-free, Cash-free Net Working Capital (DFCFNWC)	447	477	222	310	-410	-632	-688	-763	-646	-313	-66
Debt-free Net Working Capital (DFNWC)	1,062	1,238	992	1,076	376	163	99	32	712	926	1,172
Net Working Capital (NWC)	478	602	356	-42	313	163	99	-447	233	447	693
Net Nonoperating Expense (NNE)	78	86	-79	213	110	94	106	37	-214	84	132
Net Nonoperating Obligations (NNO)	5,031	5,488	5,259	5,192	4,665	4,871	4,882	4,876	4,316	4,437	4,441
Total Depreciation and Amortization (D&A)	127	135	148	126	104	76	62	63	63	64	63
Debt-free, Cash-free Net Working Capital to Revenue	3.83%	4.51%	2.37%	3.69%	-5.55%	-9.29%	-10.63%	-12.18%	-9.86%	-4.31%	-0.82%
Debt-free Net Working Capital to Revenue	9.11%	11.70%	10.61%	12.79%	5.09%	2.40%	1.53%	0.51%	10.87%	12.75%	14.59%
Net Working Capital to Revenue	4.10%	5.69%	3.81%	-0.50%	4.24%	2.40%	1.53%	-7.13%	3.56%	6.15%	8.62%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.31	$0.14	($0.16)	($2.09)	($0.45)	($0.88)	($0.09)	$0.12	$2.45	$1.45	$1.58
Adjusted Weighted Average Basic Shares Outstanding	220M	208M	206M	207M	207M	208M	209M	210M	209M	211M	212M
Adjusted Diluted Earnings per Share	$1.29	$0.14	($0.16)	($2.09)	($0.45)	($0.88)	($0.09)	$0.12	$2.43	$1.41	$1.55
Adjusted Weighted Average Diluted Shares Outstanding	224M	210M	206M	207M	207M	208M	209M	213M	212M	216M	217M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	417.51M	206.45M	206.48M	207.08M	207.39M	209.18M	209.51M	209.99M	420.39M	211.53M	211.71M
Normalized Net Operating Profit after Tax (NOPAT)	355	81	-55	3.50	13	-89	65	102	297	390	469
Normalized NOPAT Margin	13.49%	3.99%	-2.93%	0.19%	0.79%	-6.11%	4.19%	6.13%	15.72%	17.99%	20.19%
Pre Tax Income Margin	10.69%	1.33%	-2.01%	-21.51%	-5.31%	-10.11%	-0.26%	3.50%	28.51%	14.58%	15.05%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.31	1.37	0.00	-4.15	0.10	-0.32	0.92	1.67	7.48	4.64	5.07
NOPAT to Interest Expense	5.44	1.62	0.00	-2.83	0.18	-0.80	1.03	0.75	3.65	4.58	5.58
EBIT Less CapEx to Interest Expense	4.40	-0.51	0.00	-4.69	4.74	-0.94	0.08	1.04	6.95	3.84	4.23
NOPAT Less CapEx to Interest Expense	4.53	-0.25	0.00	-3.37	4.82	-1.42	0.20	0.12	3.13	3.78	4.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.99%	52.43%	96.76%	-365.84%	-110.02%	-78.17%	-79.81%	-215.93%	174.63%	71.24%	49.96%
Augmented Payout Ratio	146.09%	207.12%	308.90%	-921.12%	-187.15%	-78.17%	-79.81%	-215.93%	174.63%	71.24%	49.96%

Frequently Asked Questions About Seagate Technology's Financials

When does Seagate Technology's fiscal year end?

According to the most recent income statement we have on file, Seagate Technology's financial year ends in June. Their financial year 2024 ended on June 28, 2024.

How has Seagate Technology's net income changed over the last 9 years?

Seagate Technology's net income appears to be on a downward trend, with a most recent value of $335 million in 2024, falling from $1.74 billion in 2015. The previous period was -$529 million in 2023. Find out what analysts predict for Seagate Technology in the coming months.

What is Seagate Technology's operating income?

Seagate Technology's total operating income in 2024 was $452 million, based on the following breakdown:

Total Gross Profit: $1.54 billion
Total Operating Expenses: $1.08 billion

How has Seagate Technology revenue changed over the last 9 years?

Over the last 9 years, Seagate Technology's total revenue changed from $13.74 billion in 2015 to $6.55 billion in 2024, a change of -52.3%.

How much debt does Seagate Technology have?

Seagate Technology's total liabilities were at $9.23 billion at the end of 2024, a 5.4% increase from 2023, and a 35.2% increase since 2015.

How much cash does Seagate Technology have?

In the past 9 years, Seagate Technology's cash and equivalents has ranged from $615 million in 2022 to $2.54 billion in 2017, and is currently $1.36 billion as of their latest financial filing in 2024.

How has Seagate Technology's book value per share changed over the last 9 years?

Over the last 9 years, Seagate Technology's book value per share changed from 0.00 in 2015 to -7.10 in 2024, a change of -710.0%.

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This page (NASDAQ:STX) was last updated on 5/6/2025 by MarketBeat.com Staff

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